NG costs and a saturated market have started to drive the agile, bootstrapped technology-inspired masses out of major cities and into second cities. It’s a phenomenon that is visible throughout the world. Startups in the United States are relocating out of Silicon Valley and moving into enclaves in the San Jose area, while in the UK, Bristol is benefiting from an influx of digital creatives leaking out from a London full to bursting.
Recently, Bloomberg reported Fukuoka, the fastest-growing major city outside from Tokyo, has slowly but surely been poaching tech talent from all corners of the country for decades. The ancient port located miles away from Tokyo is benefiting from a growing population of young entrepreneurs and a government hell-bent on protecting its status as a tech haven via various incentives aimed at business people.